Nvidia's Earnings Outlook: High Expectations Amidst Soaring Valuation
Nvidia’s upcoming earnings report is highly anticipated, with expectations set for substantial growth in both earnings and revenue.
Elliott Wave Technical Analysis: Eli Lilly & Co. - Wednesday, Jan. 24
Looking for a development of wave (ii).
US Dollar Commentary - Wednesday, Jan. 24
The Dollar rally looks to be taking a breather midweek with the DXY pulling back from the latest test of 103.48 resistance.
US Equity Futures Extend Record Run
US equity futures have extended the record run, while the US Dollar has been sold across the board.
Chart Of The Day: Is Workday In Recovery
Workday, Inc. provides enterprise cloud applications in the United States and internationally.
Abbott Laboratories Barely Hits Q4 Target With $1.19 EPS
Abbott Laboratories announces Q4 results with $10.24 billion in revenue and an EPS of $1.19.
These 7 Cannabis MSO Stocks Advanced 5% Last Week
The American Cannabis MSOs Index was up 5.0% last week and is now up 22.3% MTD.
The Focus Of Investors Is Directed To The BoC Meeting
The Bank of Canada will hold its first monetary policy meeting of the year today. Like other G10 central banks, the Bank of Canada is not yet ready to cut rates.
EUR/USD Price Analysis: Euro Rises On Eve Of ECB Rate Decision
Eurozone consumer confidence fell in January. The ECB will likely pause interest rate hikes in the upcoming meeting. Investors will scrutinize ECB chief Christine Lagarde’s press conference for indications of the future direction of rates.
US Growth Slowdown Expected For Thursday’s Q4 GDP Report
Thursday’s GDP report is expected to show that growth was moderate in the final three months of 2023 – news that will support the ‘soft landing’ view that’s been popular with some economists.
Hoot Of The Day, What Is The Fed Waiting On?
Should the Fed cut now? That is what former Fed economist Claudia Sahm says.
A Vision For Visa
Over the last 15 years, Visa’s share price has risen 86% of the time for an average return of over 9%.
PBOC Cuts Reserve Requirements, But USD Pullback May Offer New Buying Opportunity In North America
After a strong showing yesterday, the dollar was sold in Asia and Europe. China announced a cut in reserve requirements and took more informal action to support the stock market, which encouraged risk-taking.
Where To Find Dividend Growth In 2024
Several stocks that changed their dividend policies due to the pandemic and have not yet returned to their pre-COVID practices.
The Perils Of A Narrow Market
For the last 20, 30, and 100 years, stocks have averaged around an 8-10% return, driven by dividend yield, reinvestment of earnings, and earnings growth.
EUR/USD Advances To Near 1.0890 After The Mixed Eurozone, German PMI Data
EUR/USD snaps its recent losses after the improved Manufacturing PMI data. Eurozone Manufacturing PMI improved to 46.6 from the previous reading of 44.4.
Real Rates Rise After Central Banks Stop Hiking
Well-documented policy lags suggest that central banks have done more than enough to reverse the inflationary impulse over the next 12 to 24 months.
U.K. Market Commentary - Wednesday, January 24
The British Pound is seeing firm demand across the European morning on Wednesday. GBPUSD is up around 0.72% on the day and close to testing current 2024 highs following some better UK data this morning.
Asian Stock: Acer Inc.
Acer Incorporated is a Taiwanese hardware and electronics manufacturer. Its product range includes PCs, tablets, servers, storage devices, VR devices, displays, smartphones, and peripherals.
Dogecoin And Shiba Inu: Dogecoin Recovers From 0.07600
Dogecoin price managed to stop the decline at the 0.07600 level yesterday. Shiba Inu’s price dropped to 0.00000843 level yesterday.